Blockchain Press Releases
Battery Recycling Market to Stage a Comeback from its Pandemic-Period Stagnation and Grow at a Fascinating CAGR of 14.5% in the 2022-2031 Timeframe | Research Dive
The global battery recycling market is expected to grow primarily due to increasing demand for electric vehicles. Lead Acid Batteries (LAB) sub-segment is expected to flourish immensely. The market in the Asia-Pacific region is predicted to grow at a high CAGR by 2031.
NEW YORK, June 28, 2023 /PRNewswire/ — Global Battery Recycling Market Forecast Analysis:
As per the report published by Research Dive, the global battery recycling market is expected to register a revenue of $47.2 billion by 2031 at a CAGR of 14.5% during the forecast period 2022-2031.
Segments of the Battery Recycling Market
The report has divided the battery recycling market into the following segments:
- Battery Type: Li-ion Battery, Lead Acid Battery (LAB), nickel-based Battery, Zn-MnO₂ based battery, and others
- Lead Acid Battery (LAB)– Dominant market share in 2021
The impressive recycling rate of lead acid batteries of above 90%, making them the most recycled consumer product, is predicted to boost the growth of this sub-segment by 2031. - Source: consumer electronics, automotive, industrial, and others
- Consumer Electronics– Significant market share by 2031
Growing demand for batteries due to surge in demand for electronic devices is expected to aid the sub-segment to register significant growth numbers by 2031. - Technological: pyrometallurgical, hydrometallurgical, hybrid, and others
- Pyrometallurgical– Significant market share by 2031
The less waste liquid output and high efficiency offered by pyrometallurgical processes is expected to aid the sub-segment to register significant growth numbers by 2031. - Region: North America, Europe, Asia-Pacific, and LAMEA
- Asia-Pacific – Most dominant by 2031
The increase in the number of EV and electronic product sales across India, Japan, South Korea, and Australia is expected to help the battery recycling market to flourish immensely in the forecast period.
To get access to the Complete PDF Sample of Battery Recycling Market Click Here!
Dynamics of the Global Battery Recycling Market
A growth in the demand for electric vehicles across the globe is expected to make the battery recycling market highly lucrative in the forecast period. Furthermore, increasing adoption of renewable energy sources is anticipated to help the market reach new heights. However, according to market analysts, high initial costs of battery recycling might become a restraint in the growth of the market.
Increasing environmental regulations to reduce greenhouse gas emissions is predicted to offer numerous growth opportunities to the market in the forecast period. Moreover, growing demand for lithium-ion batteries is expected to propel the battery recycling market forward in the coming period.
COVID-19 Impact on the Global Battery Recycling Market
The Covid-19 pandemic disrupted the routine lifestyle of people across the globe and the subsequent lockdowns adversely impacted the industrial processes across all sectors. The battery recycling market, too, experienced a negative impact of the pandemic. Disruptions in global supply chains led to inefficient supply of batteries for electric vehicles. This reduced the demand for battery recycling which affected the growth rate of the market during the pandemic.
Key Players of the Global Battery Recycling Market
The major players of the market include
- GEM Co. Ltd.
- ENERSYS
- The Doe Run Company
- Guangdong Brunp recycling Technology Co. Ltd.
- Glencore
- ACCUREC-Recycling GmbH
- Battery Systems Inc.
- Li-Cycle Corporation
- RecycLiCo Battery Materials Inc.
- Umicore
These players are working on developing strategies such as product development, merger and acquisition, partnerships, and collaborations to sustain market growth.
For instance, in March 2022, Retriev Technologies, a leading lithium battery recycler in North America, announced the acquisition of Battery Solutions, a battery management solutions provider. This acquisition is predicted to offer numerous expansion opportunities to the acquiring company i.e., Retriev Technologies in the near future.
What the Report Covers
Apart from the information summarized in this press release, the final report covers crucial aspects of the market including SWOT analysis, market overview, Porter’s five forces analysis, market dynamics, segmentation (key market trends, forecast analysis, and regional analysis), and company profiles (company overview, operating business segments, product portfolio, financial performance, and latest strategic moves and developments.)
More about Battery Recycling Market:
- The Overarching Effect of Battery Recycling on Global Ecology and Economy
- Growing Demand for Electric Vehicles Globally Expected to Propel the Growth of the Global Battery Recycling Market by 2031
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About Research Dive
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
Contact:
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Research Dive
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Blockchain Press Releases
Bybit Unveils USDT Flash Deal: Earn 15% APR and Share in a 300,000 USDT Prize Pool
DUBAI, UAE, Feb. 28, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced an exclusive opportunity for USDT holders to maximize their earnings with a limited-time Fixed Savings Plan offering an impressive 15% Annual Percentage Rate (APR).
The USDT Flash Deal invites participants to stake their USDT and earn rewards in just seven days while having the chance to share a prize pool of 300,000 USDT. The event is scheduled to run from February 26 until March 26, 2025.
Participants will begin by depositing USDT into their Bybit accounts using any supported method before selecting the 7-day USDT Fixed Savings Plan to secure the guaranteed APR. With deposit limits set between 1,000 USDT and 10,000 USDT, the initiative is designed to deliver a fast and efficient way to grow digital assets.
Joan Han, Sales & Marketing Director at Bybit, commented on the initiative: “We understand that market conditions can be unpredictable, which is why we continue to offer different ways for users to manage and grow their assets. This Flash Deal is designed to provide a high-yield opportunity with stability, helping our community navigate market fluctuations with confidence.”
The promotion is available on a first-come, first-served basis and permits only a single stake per eligible user. It is open exclusively to users who have recently deposited a minimum amount and completed Identity Verification Level 1, with certain restrictions applying in select jurisdictions. Bybit continues to set industry benchmarks in digital asset management by delivering innovative financial solutions.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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HONG KONG, Feb. 28, 2025 /PRNewswire/ — CoinW, a global leader in cryptocurrency exchanges, made a strong impression at Consensus HK 2025 as an official 4 Block sponsor. By showcasing its dedication to blockchain innovation, strategic partnerships, and community engagement, CoinW reaffirmed its position at the forefront of the Web3 revolution. Through its exclusive partnership with LALIGA and support for its innovative platforms like DeriW, WConnect, and PropW, CoinW has strengthened its position as a leader in the Web3 revolution.
The unforgettable “Connecting Legends” afterparty further cemented its role at the cutting edge of blockchain innovation and global fan engagement.
A Grand Presence at Consensus HK 2025
CoinW captured attention from the moment attendees stepped into Consensus HK 2025. An eye-catching photo booth was positioned at the venue’s entrance mimicking Hong Kong’s iconic skyline and vibrant neon lights. There was also a large banner near the registration desk making the brand impossible to miss. CoinW’s main booth was a stunning centerpiece, which was majestically designed from top to bottom.
The first day was underscored by the presence of Christian Karembeu, a retired French football legend and LALIGA ambassador, who joined CoinW alongside LALIGA China’s CEO and VP. In a live CoinDesk broadcast, Karembeu shared his insights on the CoinW x LALIGA partnership, his personal journey, and LALIGA’s Web3 initiatives.
Karembeu further delighted fans by signing autographs at the main booth and displaying his football skills, creating an exciting and interactive experience for attendees.
Overall, CoinW’s mesmerizing set-up attracted over 1,000 participants.
Connecting Legends: CoinW’s Exclusive Afterparty
As the day turned into the night, CoinW elevated networking to the next level with an exclusive “Connecting Legends” afterparty at The Henderson – Cloud 39. This high-profile gathering brought together over 450 top industry professionals, investors, and Web3 pioneers for an evening of insightful discussions, music, and celebration.
Nassar Al Achkar, Global Operations Director, took the stage to share CoinW’s achievements in 2024 and its vision for 2025. It set the tone for an evening of innovation and collaboration.
LALIGA’S presence added to the excitement, with Christian Karembeu and LALIGA representatives signing merchandise and engaging with guests.
The event also featured dynamic presentations from DeriW and PropW, highlighting their latest advancements in Web3 trading, while WConnect led insightful discussions on its role in driving blockchain adoption.
As the night continued, a live band and DJ kept the atmosphere vibrant, ensuring an unforgettable experience for all attendees.
Empowering the Future
CoinW is more than an exchange—it’s an ecosystem builder.
During Consensus HK 2025, the company reinforced its commitment to supporting its new platforms that drive blockchain adoption:
- DeriW: The first zero-gas-fee decentralized perpetual contract exchange, blending Ethereum’s security with Layer 3 scalability to deliver CEX-like efficiency in a decentralized framework.
- PropW: Proprietary crypto trading platform (DMCC licensed by the Government of Dubai,) offering capital from $5,000 to $200,000 USD and up to 80% profit-sharing.
- WConnect: A premier online forum series designed to connect developers, traders, and blockchain communities through in-depth discussions, expert insights, and knowledge sharing.
Commitment to the Blockchain Industry
As Web3 adoption accelerates, CoinW is committed to driving the next wave of blockchain innovation and financial empowerment.
Through strategic partnerships and groundbreaking platforms like DeriW, WConnect, and PropW, CoinW is committed to fostering a more inclusive blockchain ecosystem.
Now is the time to be part of the movement. Whether you’re a trader, investor, or industry leader, join CoinW in shaping the future of crypto—where innovation meets opportunity, and adoption turns into impact.
Trade, connect, and build with CoinW today.
About CoinW
Founded in 2017, CoinW is a globally trusted cryptocurrency exchange serving over 13 million users in 14 countries. With cutting-edge technology, advanced security, and a focus on empowering blockchain innovation, CoinW supports communities worldwide in realizing the transformative power of digital assets.
Website: https://www.coinw.com/
Twitter Official: https://twitter.com/CoinWOfficial
Telegram: https://t.me/coinwoff
YouTube Official: https://www.youtube.com/@CoinWOfficial
Linkedin: https://www.linkedin.com/company/coinwofficial/
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Blockchain Press Releases
BingX Launches Global Internship Program to Cultivate Next-Gen Crypto Leaders
PANAMA CITY, Feb. 28, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its Internship Program under its Global TalentX Strategy. Open to college graduates and post-graduates from all over the world, this long-term initiative began in early February, 2025. Designed to provide young enthusiasts with an accessible entry into the rapidly growing Web3 and crypto industries, the program aims to nurture new talent and drive innovation in the decentralized economy.
The Global Internship Program aims to lower barriers for aspiring individuals seeking to enter the rapidly evolving blockchain and cryptocurrency industries. Interns will have the opportunity to explore diverse roles across key areas, including business operations, product development, finance, marketing, HR, administration, and more, as listed on the BingX Career page. The program spans all regions where BingX operates, offering remote work flexibility with adaptable hours, and English as the primary working language. Interns will receive competitive salaries based on local market rates, gain hands-on experience with cutting-edge technologies, and gain invaluable exposure to the dynamic crypto industry. Interns who excel will also be considered for full-time positions at BingX, offering a pathway to long-term career growth in the company.
Vivien Lin, Chief Product Officer of BingX, shared: “The future of Web3 hinges on fresh perspectives and diverse skill sets. Through the Internship Program, we are not just recruiting interns — we are investing in the architects of tomorrow’s decentralized economy. By removing traditional barriers like experience requirements, we aim to democratize opportunities and ignite a new wave of innovation.”
The BingX TalentX Strategy focuses on identifying, nurturing, and empowering bright minds in the Web3 and blockchain space. At its core, BingX recognizes that talent is the key to driving innovation in the rapidly evolving cryptocurrency and blockchain industries. By providing early career opportunities and cultivating a diverse range of skill sets, BingX aims to build a robust talent pipeline that will contribute to the company’s future growth and the broader development of the decentralized economy.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
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